Omaxe has reported results for third quarter ended December 31, 2012.
The company has reported 74.54% rise in its net profit at Rs 20.77 crore for the quarter as compared to Rs 11.90 crore for the same quarter in the previous year. Total income from operation of the company has increased by 14.53% at Rs 382.96 crore for quarter under review as compared to Rs 334.37 crore for the quarter ended December 31, 2011.
Omaxe is engaged in construction and contracting business. At present, the company is working on 42 real estate projects - 18 integrated townships including two hi-tech townships, 14 group housing projects, 8 shopping malls and commercial complexes, and two hotel projects.
